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601 W Ocean Drive 105D, Key Colony, FL 33051

$549,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,344 Status: Active
Current Price: $549,000 List Date: 3/07/2026 Last Modified: 3/19/2026

Overview

Description

Positioned along the sandy shoreline of Key Colony Beach, this beautifully updated 2 Bedroom, 2.5 Bathroom second-floor residence at The Cay offers an exceptional blend of coastal comfort and resort-style living. Nestled within a charming beachfront community on the Atlantic Ocean, the property enjoys direct access to one of the few natural sandy beaches in the Middle Keys along with a relaxed, private atmosphere that defines the island lifestyle. Inside, the residence has been thoughtfully updated with a clean coastal aesthetic and modern finishes throughout. The kitchen features crisp white shaker cabinetry, sleek solid-surface countertops, stainless appliances, and stylish open shelving, creating a bright and functional space ideal for everyday living or entertaining. The open living and dining areas flow seamlessly to a private covered balcony where tropical landscaping and gentle ocean breezes create a peaceful outdoor retreat. Both bedrooms are generously sized and designed with ...

Listing Details MLS# 618967

Location, Tax & Legal

Street #
601
Direction
W
Street Name
Ocean
Street Suffix
Drive
Key/Island
Key Colony
State/Province
FL
Zip Code
33051
County
Monroe
Subdivision
Cay Condo (53.5)
Area
17 - Vaca Cut - Both Sides Holiday Inn/Key Colony
Unit #
105D
City
KEY COLONY
Mile Marker
53.5
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
AE
Alternate Key #
1084123
Parcel #
00078330-000500
Zoning
R-3 - Multi Unit Res
Deed Restrictions
Unknown
Legal
APARTMENT 105 D THE CAY CONDOMINIUM SHELTER KEY KEY COLONY BEACH
Taxes
4642.21
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Key West Association
As is Rght to Inspct
Yes
Species List
No

General Property Description

Realtor.COM Type
Residential - Condo/Townhouse
Style
Condo
Waterfront
Yes
Unit/Complex
Complex
Pool
Yes
Year Built
1975
Living Apx SqFt
1344
SqFt Source
Property Data Card
Total Bedrooms
2
Full Baths
2
Half Baths
Yes
Total Baths
3
Rentals Allowed
With Restrictions
Control Depth
0
Lot SqFt
0
Total Units
0
Acres
0

Association Info

Mandatory Home Owners Asc
Yes
1st Right of Refusal
No
Association Fee $
6025
Assoc/Mnt Fee Per
Quarterly

Building Style

Above Flood
Yes
Stories
2 Stories
Townhouse
Yes

More Information

Remarks & Misc

Remarks – Consumer
Positioned along the sandy shoreline of Key Colony Beach, this beautifully updated 2 Bedroom, 2.5 Bathroom second-floor residence at The Cay offers an exceptional blend of coastal comfort and resort-style living. Nestled within a charming beachfront community on the Atlantic Ocean, the property enjoys direct access to one of the few natural sandy beaches in the Middle Keys along with a relaxed, private atmosphere that defines the island lifestyle. Inside, the residence has been thoughtfully updated with a clean coastal aesthetic and modern finishes throughout. The kitchen features crisp white shaker cabinetry, sleek solid-surface countertops, stainless appliances, and stylish open shelving, creating a bright and functional space ideal for everyday living or entertaining. The open living and dining areas flow seamlessly to a private covered balcony where tropical landscaping and gentle ocean breezes create a peaceful outdoor retreat. Both bedrooms are generously sized and designed with comfort in mind. The spacious primary suite features its own en suite bath, while the guest bedroom enjoys the added luxury of a private balcony, providing a quiet retreat for visiting family and friends. A full guest bathroom along with an additional half bath adds convenience and flexibility to the floor plan. The Cay is a boutique oceanfront community known for its beautifully maintained grounds, inviting pool area, and direct beach access just steps from your door. Residents enjoy the convenience of nearby restaurants, marinas, golf, and all the amenities of Key Colony Beach while being centrally located in the heart of the Florida Keys. Whether you are seeking a full-time residence, vacation getaway, or income-producing investment, this turnkey coastal retreat offers the opportunity to experience the very best of oceanfront living in Key Colony Beach.
Directions
Turn Oceanside onto Sadowski Causeway. Turn right onto W oCean Dr. Turn Left into '' The Cay''. Visitor spots scattered throughout the complex parking lot.

Fee Includes

Bldg Exterior Mnt
Yes
Building Insurance
Yes
Cable
Yes
Common Area Mnt
Yes
Sewer
Yes
Water
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Stainless Steel Appliance(s)
Yes
Washer
Yes

Pets

No Pets Allowed
Yes

Cooling

Central Air
Yes

Waterfront

Oceanfront
Yes
Open Water
Yes

Waterview

No Waterview
Yes

Floor

Vinyl
Yes

Neighborhood Feature

Beach
Yes
Bike Paths
Yes
Clubhouse
Yes
Tennis Courts
Yes
Other Area Features
Yes

Interior Features

Quartz Countertops
Yes
Split Bedroom
Yes

Property Condition

Updated/Remodeled
Yes

Vehicle Storage

Guest Parking
Yes
Assigned Parking
Yes

Construction

CBS
Yes

Land Size

2 Less Than 5 Acres
Yes

Furnished

Negotiable
Yes

Utilities

Buyer to Verify
Yes
FKAA
Yes
Municipal Sewer
Yes

Porch/Balcony

Open Porch/Balcony
Yes

Exterior Features

Chickee Hut
Yes
Sandy Beach
Yes

Pool Info

In Ground
Yes
Concrete
Yes

Shutters

Accordion
Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Townhouse Vehicle Storage: Assigned Parking; Guest Parking Furnished: Negotiable Cooling: Central Air Utilities: Buyer to Verify; FKAA; Municipal Sewer Interior Features: Quartz Countertops; Split Bedroom Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Chickee Hut; Sandy Beach Pool Info: In Ground; Concrete Construction: CBS Shutters: Accordion Floor: Vinyl Pets: No Pets Allowed Neighborhood Feature: Beach; Bike Paths; Clubhouse; Tennis Courts; Other Area Features Land Size: 2 Less Than 5 Acres
Listing Office: Coldwell Banker Schmitt Real Estate Co
Last Updated: March - 19 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.